Lending Software

Streamline processes, expand possibilities, reduce risk.

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Portfolio+ loan, lease and mortgage management software provides a single source of finance for customers, with the added ability to combine instruments with variable rates, terms and currencies under a dedicated credit facility. It also allows lenders to diversify their product holdings quickly and easily by adding and / or renewing loan products.

Our lending software empowers lenders to manage a large portfolio of products using a unified system for origination, approval, underwriting, servicing, and funding. It allows loan and lease applications to be accepted via a web portal, XML feed, agent, or the front office. Our solution supports secured lines of credit such as home equity, reverse mortgage, and alternative lending as well as government funding initiatives for agricultural development, sanitation and water supply, housing, and infrastructure development.

Portfolio+ Edge @ a Financial Intermediary

We enabled a financial intermediary focused on retail and residential deposits as well as commercial mortgages to maximize the business through process automation and integration with the CANNEX Financial Network (CFN).

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Portfolio+ Core Banking Lending Solution Footprint

Loans

  • Bridge and shadow loans
  • Business development loans
  • Consumer and manufacturer loans
  • Registered Retirement Savings Plan (RRSP) loans
  • Lease of car, inventory and heavy equipment

Mortgage

  • Reverse Mortgages
  • Letters of credit
  • Debt consolidation
  • Loan syndication
  • Second and third mortgage
  • Residential and commercial mortgage
  • Introductory / variable rate and convertible mortgage

Administrative Processing

  • Property tax
  • Payments and collections
  • Life and disability insurance
  • Renewals and discharge
  • Statements and correspondence

Reports

  • Status reports
  • Statutory reports
  • Mortgage pool reports
  • Portfolio and funding reports General and management reports

Portfolio+ Lending Ecosystem

Automates Mission-Critical Activities

  • Instruction services after scrutiny of required documents
  • Debt service calculations across lending products
  • Cheque generation or electronic funds transfer after approval
  • Accounting journal entries and update of administration records after funding
  • Debt collection based on repayment schedule
  • Customer correspondence for debt recovery based on notification of non-sufficient fund

Provides Secure Interfaces to

  • Raise a query with credit bureaus such as TransUnion or Equifax during the approval process
  • Register liens and share account reports with credit bureaus and external agencies
  • Import debt portfolios / pools purchased from multiple creditors and manage collections
  • Connect with government departments and industry partners to accelerate application processing
  • Manage ‘shadow loans’ and administer loan / lease portfolios acquired from external sources, in the underwritten currency

Facilitates Customization of

  • Credit scoring system and methods to determine total and gross debt
  • Workflows, account distribution features, and debt collection strategy
  • Referrals to external collection agencies to manage dormant accounts
  • Security controls for employees and user groups
  • Agent performance management system

Integrates Statutory Requirements

  • Security and privacy of client information
  • Tax update for partner and self-directed mortgages
  • Location-specific legal formalities for debt collection
  • Audit trail of documents generated and archived across the collection process

Portfolio+ offers innovative, mission-critical solutions to banks and financial institutions.

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